Mining company dismisses employee after discovering that employee has earned $ 10 million in hidden payments to & # 39; & # 39; Invalid supplier & # 39; & # 39;
- An Ausdrill employee is accused of having paid $ 10 million to an invalid supplier
- The company discovered the fraudulent activity during a routine check
- The employee was fired and reported to the police
An employee at a mining entrepreneur was fired after allegedly $ 10 million was deposited from the company.
Ausdrill, in Western Australia, discovered that millions of dollars in secret payments had been approved and a & # 39; unrelated invalid supplier & # 39; were granted for a period of eight years.
The company hired an accounting firm to conduct an investigation and discovered that the activity had been fraudulent.
The mine at Ausdrill, in Western Australia, discovered that millions of dollars in secret payments had been approved and a & # 39; unrelated invalid supplier & # 39; were granted for a period of eight years
Ausdrill fired the employee after the investigation and reported the findings to the police.
Managing director Mark Norwell said in a statement that the behavior is not in line with the principles of the company and is not tolerated.
Ausdrill said the situation would not affect the company's financial year.
& # 39; I am pleased that immediate action has been taken to become aware of the situation, & # 39; Norwell said.
& # 39; We are now conducting a comprehensive review to understand how this refined fraud has occurred in the long term and how we can further improve Ausdrill's systems and controls. & # 39;